The National Association of Private Fund Managers, Managed Funds Association and the Alternative Investment Management Association have sued the US Securities and Exchange Commission over a new rule increasing scrutiny on the $27tn Treasury market.
Andrew Hohns, the boss of Philadelphia-based hedge fund firm Newmarket Capital, is pitching a new type of securitisation he says would allow banks to reduce the carbon footprint of their balance sheets, according to a report by Bloomberg.
PanView Capital, the Hong Kong-based hedge fund firm founded by former Goldman Sachs Group Partner Ryan Thall, has stopped taking money from new investors after assets hit $1.1bn, according to a report by Bloomberg.
Helping traders secure school admissions and speeding up their memberships at country clubs are among a package of ‘perks’ put together by Abu Dhabi officials in a bid to help the city maintain its momentum as one of the fastest-growing
Taula Capital, a new hedge fund backed by Millennium Management which is set to launch with as much as $5bn in assets, has hired Ilana Kaufman, a Sales & Trading Vice President at Bank of America, as a Portfolio Manager
GCEX, a digital brokerage specialising in FX and digital assets, has released XplorTrader, its margin trading platform, which is aimed at institutional and professional traders including hedge funds and asset managers.
Around one in 10 of the traders at Brevan Howard Asset Management, the hedge fund firm co-founded by Alan Howard, are to leave the business as part of its latest biannual performance review, according to a report by Bloomberg.
Naveen Choppara, a Trader at Izzy Englander’s $62bn hedge fund firm Millennium Management who joined its Dubai office last year, capitalised on Egypt’s recent foreign exchange plunge, securing a $40m profit for the hedge fund giant, according to a report
London-based activist hedge fund firm Bluebell is planning to up its opposition to $10tn funds giant BlackRock’s high-profile environmental, social and governance investment agenda, according to a report by The Times.
The prospect of artificial intelligence-powered large language models (LLMs) replacing fund managers and deciding what stocks to buy is “just a fantasy”, according to Citadel’s Founder and Chief Executive Officer Ken Griffin.
